[sgbuffett]

I bought BABA based on valuation ...

One mistake I made was I did not fully appreciate the political risk.

Looking back should have used the sell down to purchase "politically safer" stocks like Lenovo which is also at an attractive valuation.

“Among the richest men in China, few have good endings.” - Jack Ma

Jack Ma is closely associated with a rival fraction and vindictive nature and paranoia in leadership and result in an ugly end.